FBLA Entrepreneurship

Front

American Enterprise Day was established by:

Back

Jimmy Carter on Oct. 3, 1980

Front

Which of the following are available for small businesses to help them start their business? grants, loans, venture capital, all of these

Back

all of these

Front

What organization offers a tool for entrepreneurs to use to help them determine the licenses and permits they need to establish their business?

Back

Small Business Administration

Front

Which of the following is NOT included in a business description? Options: explanation of how products & services will meet customer needs, list of consumers and organizations the company will serve, competitive advantages

Back

company slogan

Front

When planning your business, what is one of the first steps you should take? Options: determine your financing, determine your location, determine your target audience, determine your employee policies

Back

determine your target audience

Front

Which part of the business plan deals with historical data regarding the company's performance? Options: Market analysis, Funding request, Executive summary, Financial projection

Back

Financial projection

Front

The part of the business plan that covers product information and life cycle.

Back

Service or product line

Front

The part of the business plan that includes ownership information, job descriptions and job titles.

Back

Organization and management

Front

What is the appendix of the business plan for?

Back

Display supporting documents

Front

Which of the following IS an advantage of entrepreneurship? Options: Be your own boss, Risky activity, Set schedule, Uncertain income

Back

Be your own boss